14-10-2012, 03:20 PM
There isn't much advantage in retail comparing Courts to Challenger.
Challenger has much lower receivables than Courts, which means, Challenger relies much less on credit sales. Challenger is expanding into Malaysia as well, only 4 stores so far, so a great growth potential there.
Courts, to me, is much more a micro-finance company than a retail company.
Challenger has much lower receivables than Courts, which means, Challenger relies much less on credit sales. Challenger is expanding into Malaysia as well, only 4 stores so far, so a great growth potential there.
Courts, to me, is much more a micro-finance company than a retail company.